In 2024, employers ended the year on a high note with a significant increase in hiring, adding 256,000 jobs in December, leading to a healthy unemployment rate of 4.1 percent. The strong employment growth signaled renewed vigor after a period of reserve, with average hourly earnings rising above inflation. Although the robust numbers may deter further interest rate cuts, the economy under President Biden has shown remarkable resilience, with a broad range of industries contributing to the positive trend, despite some challenges ahead for the labor market.
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The 2 Smartest Beaten-Down Biotech Stocks to Buy on the Dip
Despite the volatility in broader equities this year, investing in stocks remains wise, as holding shares of leading companies for five years often yields superior returns. In the biotech sector, two companies to consider are CRISPR Therapeutics (NASDAQ: CRSP) and Regeneron Pharmaceuticals (NASDAQ: REGN), both of which have experienced significant share declines over the past year but may offer substantial upside for patient investors. This highlights the importance of long-term investment strategies, even during uncertain...
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